Home Highlights
Lot/Land
9.11 acre lot
Local Information
-- mins to
About this House
Great Development Opportunity in the City Limits of Freeport, Florida. 10 +/- acres located on Business Highway 331 in Freeport. Freeport is considered one of the fastest growing cities in Florida. Approximately 500 feet of highway frontage on Business Highway 331 zoned R-3 High Density Residential with a Flood Zone Rating of X makes this an ideal property for development. City water, city sewer and power are available. Freeport, Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. Freeport Industrial park is located approximately1/2 miles from this property. Additional land is available. Please see MLS#932565 for information. Only 20 minutes to the Beaches of South Walton, 10 minutes to Choctawhatchee Bay, 30 minutes to Eglin Air Force Base, and only 15 minutes to Interstate 10 and DeFuniak Springs. Power, water and sewer are available on this property. Property is ideally located for development.
Last check for updates: about 3 hours ago
Listing courtesy of Donyer R Miller, (850) 598-4250
Brannon Real Estate Services
Elizabeth L Brannon, (850) 585-8016
Brannon Real Estate Services
Source: ECAOR, MLS#1008702

Also Listed on ECAOR.
Home Details for 331 Business
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View No View |
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Frontage Road Frontage: City Street, Private Road, HighwayNot on Waterfront |
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Days on Market: 45 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 031S19230600000000 |
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Price List Price: $1,000,000 |
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MLS Status: Active |
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Direction & Address City: FreeportCommunity: 03-1S-19-23060-000-0000 |
School Information Elementary School: FreeportJr High / Middle School: FreeportHigh School: Freeport |
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Listing Agent Listing ID: 1008702 |
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Lot Area: 9.11 Acres |
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Mls Number: 1008702 |
Around this home
What Locals Say about Freeport
At least 61 Trulia users voted on each feature.
91 % Say parking is easy
87 % Say car is needed
86 % Say yards are well-kept
85 % Say it's dog friendly
79 % Say there's holiday spirit
79 % Say it's quiet
67 % Say kids play outside
62 % Say there's wildlife
62 % Say people would walk alone at night
56 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
52 % Say there are sidewalks
39 % Say streets are well-lit
36 % Say there are community events
27 % Say it's walkable to grocery stores
15 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Freeport
Last updated August 2026
Avg. sale price
$412K
$47KMoM
Sale-to-List Price
97.8%
0.4%MoM
Price per sq ft
$214
$8MoM
Available listings
315
4MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Lot/Land | $67,000 | 01/30/26 | - | - | ||
1.25 | Lot/Land | $215,000 | 04/24/26 | - | - | ||
1.36 | Lot/Land | $225,000 | 03/12/26 | - | - | ||
1.28 | Lot/Land | $390,000 | 11/21/25 | - | - | ||
1.28 | Lot/Land | $636,500 | 11/24/25 | - | - | ||
1.97 | Lot/Land | $429,000 | 11/07/25 | - | - | ||
1.97 | Lot/Land | $319,000 | 11/10/25 | - | - | ||
1.97 | Lot/Land | $395,000 | 10/27/25 | - | - | ||
1.97 | Lot/Land | $564,000 | 11/07/25 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.17 | $3,500,000 | - | - | - | For Sale | |
0.23 | $314,300 | 4 | 2 | 1,665 | Off Market | |
0.23 | $298,800 | 3 | 2 | 1,337 | Off Market | |
0.24 | $296,700 | 3 | 2 | 1,337 | Off Market | |
0.21 | - | - | - | - | Off Market | |
0.24 | $67,000 | - | - | - | Recently Sold | |
0.25 | - | - | - | - | Off Market | |
0.24 | $299,500 | 3 | 2 | 1,337 | Recently Sold | |
0.24 | $324,853 | 3 | 2 | 1,631 | For Sale | |
0.25 | $314,100 | 3 | 2 | 1,337 | Off Market | |
0.25 | $303,000 | 3 | 2 | 1,337 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 29, 2026 Source: ECAOR #1008702 | Listed For Sale | $1,000,000 |
Aug 12, 2021 Source: N/A | Sold | $189,900 |
Jan 21, 2005 Source: N/A | Sold | $175,000 |
Apr 17, 2003 Source: N/A | Sold | $12,500 |
| Year | Property tax | Tax assessment |
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| 2025 | $2,305 | $210,213 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Donyer R Miller, Brannon Real Estate Services
Agent Phone: (850) 598-4250

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Member number: 28189
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Frequently asked questions about 331 Business
- How big is 331 Business?331 Business in Freeport, FL is about 9.1 acres.
- What is the price per acre for 331 Business?331 Business in Freeport, FL is listed at $1,000,000, or about $110K per acre.
- What do residents say about Freeport?Residents describe Freeport, FL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Freeport, FL.
- What are the closest schools to 331 Business?The closest schools to 331 Business in Freeport, FL are Freeport Elementary School (rated 6/10), Freeport Middle School (Elementary, rated 7/10), Freeport Senior High School (rated 8/10).
331 Business, Freeport, FL 32439 is a lot/land. This property is currently available for sale and was listed by ECAOR on Jul 29, 2026. The MLS # for this home is MLS# 1008702.